Adaptive Planning is a software tool for Finance and FP&A.
Adaptive Planning is similar to FP&A tools like:
This review covers the features, capabilities, and benefits of Adaptive Planning as a solution for Finance and FP&A to assist with financial planning, financial budgeting, financial forecasting, financial reporting, financial modeling, financial scenario planning, and more. Read on to learn all about Adaptive Planning pricing, pros and cons, alternatives, features, and more.
If you’re unfamiliar with Finance and FP&A software, read our review of The Top 10 Best FP&A Software Tools.
Adaptive Planning provides financial planning solutions and enterprise planning software designed to modernize financial planning, modeling, budgeting, and forecasting. The company offers specific solutions to cover financial planning, workforce planning, and sales planning. These financial tools promote collaboration across the enterprise without manual, error-prone spreadsheets or inflexible, clunky legacy systems. Adaptive Planning for finance is an enterprise performance management software solution.
Adaptive Planning is geared toward large enterprises, midsize to large companies, and divisions of large enterprises. Their solutions specifically help larger companies that are struggling with the challenges of manual financial processes, data inaccessibility, data inaccuracy, limited scalability, weak data visualization, inefficient collaboration, disconnected spreadsheets, and insufficient professional development for FP&A. Adaptive Planning is also suited for companies who already use other Workday solutions.
Adaptive Planning for finance specifically provides:
Adaptive Planning also includes FP&A solution needs for financial modeling, collaboration, analytics, management and board reporting, scenario and what-if analysis, and more. Here are a few of the specific financial planning tools offered by Adaptive Planning:
Adaptive Planning is best for larger companies seeking strong capabilities outside of Finance and FP&A, making it a great choice for enterprises working to transform their financial processes companywide.
While Adaptive Planning pricing is not listed on their website, the company does offer two pricing tiers—standard and enterprise—which vary based on features, solutions, your company size, and the types of users you plan to have working with this financial planning solution.
To compare Adaptive Planning prices, Cube is transparent about the financial planning solution pricing for their faster, smarter, simpler FP&A solutions.
Adaptive Planning provides financial planning solutions for more than 10 specific industries. Details on Adaptive Planning industry-specific FP&A and financial planning solutions include:
There are many alternatives to Adaptive Planning financial planning solutions, especially for FP&A and Finance at smaller and midsize companies. You can read more in this review of The Top 10 Best FP&A Software Tools. However, a few FP&A planning solutions worth checking out are:
Adaptive Planning offers specific functionality for financial planning. This enterprise performance management (EPM) solution is designed to enable enterprise-wide financial planning and reporting. The solution claims to reduce reporting times while offering no-code customizations.
FYI: For real-time financial planning to stay ahead of today’s fast-based business world, look into Cube's financial planning solution. Their financial planning tools eliminate version control issues, automate data collection, and accelerate your entire financial planning process.
Adaptive Planning provides enterprise-grade financial planning features, such as:
Adaptive Planning prices its financial planning solutions with different packages (standard and enterprise) that account for needed features, your company size, and the types of users who will access Adaptive Planning. Users are segmented by full users, contributors, and viewers. Specific prices are not listed on their website, however. They do offer a free trial. Unlimited integrations are included in pricing, but only for midsize and larger enterprises.
Adaptive Planning also offers a planning-only price for current users of their Workday HCM and Workday Financial Management solutions.
Adaptive Planning is best for large company FP&A and enterprise FP&A.
The solution’s strong capabilities beyond just Finance and FP&A make Adaptive Planning a good choice for those with the support of a robust IT team and seeking to transform how Finance and FP&A collaborate with and operate across the entire enterprise.
That said, just because Adaptive is best for large companies doesn't mean it will be your optimal choice. It's essential to look at many alternatives and evaluate each FP&A solution on its merits.
Adaptive Planning is a robust financial planning tool that can help large corporations and enterprises in several industries transform their financial planning processes.
For midsize companies looking for a fast, intuitive, and comprehensive FP&A financial planning solution that combines the spreadsheets you know and love with cloud power and scale, consider Cube.
Cube delivers an intuitive financial planning solution for today’s connected Finance leaders. It’s specifically designed for midsize companies to start almost immediately and easily scale as your business grows.